If you want to read a summary of our most recent short-term XRP price analysis and predictions click here.

This key difference has enabled the Ripple company to partner with traditional financial institutions, who require more stringent regulatory compliance than typical cryptocurrencies are capable of doing.

Together, Ripple and various fiat entities are attempting to achieve real-time financial transactions at a very low cost.

Ripple has ties to major financial institutions such as American Express, Bank of America, RBC, Santander, and most recently, J.P. Morgan.